840 jobs saved as Jones Bootmaker deal completes
Private equity investor Endless has acquired Jones Bootmaker, in a deal which has saved 840 jobs.
25 underperforming stores and six concessions are not part of the sale and will close immediately. These closures will result in approximately 262 job losses, including three stores in the East Midlands in Nottingham, Lincoln and Northampton with the loss of 35 jobs.
Endless has been in talks week to buy the distressed business from private equity firm Alteri, before it entered administration on Friday.
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